Kuwait bourse plans IPO at later stage- Athens stock echange CEO

Euronext Athens Holding SA

14/02/2019 14:22

ATHENS, Feb 14 (Reuters) - Kuwait's stock exchange, which
agreed to sell a 44 percent stake to a consortium led by
Kuwait's NIC  NINV.KW  and including the Athens stock exchange
 EXCr.AT , has plans for an initial public offering at a later
stage, the CEO of the Athens bourse said on Thursday.
    "There are plans by the Kuwait exchange for an IPO at a
later stage to sell 50 percent and get listed," Socrates
Lazaridis, CEO at Hellenic Exchanges told Reuters.
    The consortium that prevailed in the tender also includes 
Arzan Financial Group  ARZA.KW  and First Investment  OLAK.KW .
It offered 0.237 Kuwaiti dinar ($0.78) per share for the stake
purchase.  
($1 = 0.3036 Kuwaiti dinars)

 (Reporting by George Georgiopoulos
Editing by Alexandra Hudson)
 ((george.georgiopoulos@thomsonreuters.com; +30210 337 6437;
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